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11425 S Figueroa Street

Los Angeles (City), CA 90061
  • $2,575,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 24355879
UPDATED: 26 min ago
$2,575,000
  • 2
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,792
    SQFT
  • $537
    $/SQFT
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Griffin White of BRC Advisors- BH ()


Description

We are pleased to offer this sixteen unit investment opportunity, located in the City of Los Angeles. The unit mix consists of fourteen 0+1 and two 1+1 units. The investment consists of approximately 4,792 of rentable square feet and is situated on an approximately 8,138 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and eight of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, an on-site laundry room generating additional income, and the property is separately metered for electricity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T08:29:51.853. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147344327
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11425 S Figueroa Street Los Angeles (City), CA 90061

  • Price: $2,575,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 26 min ago
  • ID#: 24355879
2
Beds
0
Baths
0
½ Baths
0.19
Acres
4,792
SQFT
$537
$/SQFT
1953
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
We are pleased to offer this sixteen unit investment opportunity, located in the City of Los Angeles. The unit mix consists of fourteen 0+1 and two 1+1 units. The investment consists of approximately 4,792 of rentable square feet and is situated on an approximately 8,138 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and eight of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, an on-site laundry room generating additional income, and the property is separately metered for electricity.
Exterior Features

Parking Features None Parking Total 9

Property Features

Association YN No Cap Rate 6.67 Gross Income 259992 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 171878 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T08:29:51.853. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Griffin White of BRC Advisors- BH ()